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Dec 5, 2012
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detroi indeed vote overwhelmingly for president obama. 73% of the vote went for president obama. detroit will probably run out of money within days. the word bankruptcy is being applied to the city of detroit. she says there ought to be a quid pro quo, why not. she is publicly calling for what amounts to a federal bailout. it would be called help for the city, help for the states. but you asked it. who is next. how about california? voted for president obama by 20 point. deeply in debt. to suggest we need help from d.c., maybe that detroit city councilmember opened up the door for a request for a federal bailout. martha: one of the biggest burdens on the municipality have been the deals the public unions have struck for their workers. we have seen it in places where the promises have been made where there i not the money to support. i there any question the administration -- that the president is open to the idea that the president is open to bail out these municipalities? >> there is no mention so far. but you are right to point out the union connect. president obama's reelect h
detroi indeed vote overwhelmingly for president obama. 73% of the vote went for president obama. detroit will probably run out of money within days. the word bankruptcy is being applied to the city of detroit. she says there ought to be a quid pro quo, why not. she is publicly calling for what amounts to a federal bailout. it would be called help for the city, help for the states. but you asked it. who is next. how about california? voted for president obama by 20 point. deeply in debt. to...
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Dec 11, 2012
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the obama administration says the fee is only temporary. they believe that costs overall will lower, over time and then they will be able to phase that out in 2017, unless congress decides to extend the fee if those cost savings don't seem to materialize. if history is any guide congress almost never finds parting with new taxes very easy. several large companies will end up paying tens of millions of dollars in the fee. maybe a few hundred dollars for the small firms. most will get passed on to workers. it is a tax increase no matter how you look at it really. [shouting] gregg: well there you see it. this is brand new videotape from lansing, michigan, moments ago. you have thousands of union protesters angry over a new law about to be passed by the legislature there. this is the rotunda inside. and the governor is going to sign it, which will turn michigan into a right-to-work state. now supporters of right to work say this is going to attract businesses. it is going to encourage investment. it will allow workers to choose whether they wan
the obama administration says the fee is only temporary. they believe that costs overall will lower, over time and then they will be able to phase that out in 2017, unless congress decides to extend the fee if those cost savings don't seem to materialize. if history is any guide congress almost never finds parting with new taxes very easy. several large companies will end up paying tens of millions of dollars in the fee. maybe a few hundred dollars for the small firms. most will get passed on...
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Dec 4, 2012
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this poll is 800 people who voted for president obama. they are split in the middle. 41% say mostly tax increases with some spending cuts. but the same number want mostly spending cuts with some tax increases. 5% of these obama voter say they want tax increases only. but 10% of the people who voted for obama in this policy they want spending cuts only. bob, where are we here? >> it looks a little confusing except when you look at history of polling. norquist is a blowhard and a bully. it's not surprising people want more spending cuts and less taxes. that's not a surprise. martha: that's not what they are getting in the white house package. >> if the republicans would give up on 2% tax rates nobody would have to worry about anything. >> bob, obama-care already taxes the middle class. the majority of the country do not want to be taxed. what they don't know already is everybody is getting a tax increase because of obama-care. people get the government spending too much. they want spending cuts. i will give you this, though. when you start
this poll is 800 people who voted for president obama. they are split in the middle. 41% say mostly tax increases with some spending cuts. but the same number want mostly spending cuts with some tax increases. 5% of these obama voter say they want tax increases only. but 10% of the people who voted for obama in this policy they want spending cuts only. bob, where are we here? >> it looks a little confusing except when you look at history of polling. norquist is a blowhard and a bully....
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Dec 24, 2012
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no one in the cia command --, failure has to be obama's. no one else could have denied the real-time request. look the incompetence legally identified in this report explain why there was alleged cover-up of the truth by the administration? >> because there is no doubt about it. for the next few days and even weeks, they were still spinning this report of an obscure video and spontaneous protests and what we have seen from all of the footages there was no protest at all. and that there was no mention of any video by these terrorists. so shame on everyone involved in this. four americans are dead. we need to prevent this in the future. in order to do that, we need to find out what went wrong. gregg: maybe congress can get to the bottom of it. i will ian that ros-lehtinen, thanks so much for being with us. >> thank you. gregg: merry christmas, you too. heather: navy mourning loss of one of their own. seal team commander, joe price, died of a quote, noncombat related injury. he was 42. a u.s. military official says the death is being investiga
no one in the cia command --, failure has to be obama's. no one else could have denied the real-time request. look the incompetence legally identified in this report explain why there was alleged cover-up of the truth by the administration? >> because there is no doubt about it. for the next few days and even weeks, they were still spinning this report of an obscure video and spontaneous protests and what we have seen from all of the footages there was no protest at all. and that there...
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Dec 20, 2012
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where is president obama? he doesn't have time to do that? as i said last night in the talking points memo, abraham lincoln did that every week. in the middle of the civil war when things were going bad for the north he still took time to right wrongs on an individual basis. mr. obama can't do that? where is secretary of state clinton? is she unconscious or something? where is she? these people can rally public opinion and make the mexican government act. obama and clinton could do that, but so far in public they haven't. behind the scenes, maybe, could be, possible, but then jay carney tellsed henry our white house guy, oh i don't know anything about it. martha: which was very odd. one would hope that the answer to that question is, oh, there are all kinds of things going on behind the scenes. but the family doesn't seem to believe that, do they? >> well they haven't heard anything. the president hasn't called the family. look, here is the travesty of this. let's just get right down to it, okay? and i'm talking to obama supporters right now,
where is president obama? he doesn't have time to do that? as i said last night in the talking points memo, abraham lincoln did that every week. in the middle of the civil war when things were going bad for the north he still took time to right wrongs on an individual basis. mr. obama can't do that? where is secretary of state clinton? is she unconscious or something? where is she? these people can rally public opinion and make the mexican government act. obama and clinton could do that, but so...
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Dec 10, 2012
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raising rates is partisan political trophy for obama. i don't want to go down that road only if they do entitlement reform. i don't hear any democrat of note hering what i would do on the entitlement side. if i were republicans i would be quiet for a while and see what the democrats put on the table for entitlement reform. >> big debate last week republicans saying we will do exactly with you said. we're only going to do cuts in deductions. we'll eliminate loop hoses. -- loopholes. that is what happened over the weekend. seems like over the weekend it dissolved into accepting of raising tax rates. the president said there is no deal unless i get that. that is what i ran on. american people are expecting that. >> here is where the president will have a rude awakening. we will get to the end of the year. there will be small deal to get the end of the year. sequestration hits in january. wipes out the department of defense, a lot of draconian cuts across the board and taxes on everyone goes up. i hope boehner and obama can find a way to avo
raising rates is partisan political trophy for obama. i don't want to go down that road only if they do entitlement reform. i don't hear any democrat of note hering what i would do on the entitlement side. if i were republicans i would be quiet for a while and see what the democrats put on the table for entitlement reform. >> big debate last week republicans saying we will do exactly with you said. we're only going to do cuts in deductions. we'll eliminate loop hoses. -- loopholes. that...
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Dec 3, 2012
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president obama released his plan. it includes 1.6 trillion dollars in new tax increases. 50 billion in new stimulus spending. and stimulus, and new power to raise the debt ceiling without congressional approval. tim geithner, john boehner appearing with chris wallace on fox news sunday. >> we're nowhere, period. we're nowhere. we put a serious offer on the table by putting revenues up there to get this question resolved but the white house has responded with virtually nothing. they have actually asked for more revenue than they have been asking the whole entire time. >> in kind of a tough position now. it is going to be, obviously a little hard for them now. they're trying to figure out where they go next. we might need to give them a little more time to let them go next. we did what you expect from us. we laid out a very detailed, carefully designed set of spending savings and tax changes that help put us back on a path to fiscal responsibility. bill: where are we now? senior white house foreign affairs correspondent
president obama released his plan. it includes 1.6 trillion dollars in new tax increases. 50 billion in new stimulus spending. and stimulus, and new power to raise the debt ceiling without congressional approval. tim geithner, john boehner appearing with chris wallace on fox news sunday. >> we're nowhere, period. we're nowhere. we put a serious offer on the table by putting revenues up there to get this question resolved but the white house has responded with virtually nothing. they have...
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Dec 27, 2012
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president obama praised her for her work. in enacting those reforms. she reportedly has not accepted any other job at this time and she was in a bit of trouble for some of her email accounts recently. and some of her other remarks as well. let's go to jon scott, what is happening now, jon johnsto. jon: the president and lawmakers are supposed to be getting back to work in washington today. house speaker john boehner says the onus to avoid the fiscal cliff is now on the senate. this is a new poll shows the american people are quickly losing faith that a deal will get struck. imagine that. there is some good economic news in the forecast for 2013, we'll have that for you, and some more good news, a silver lining in a battle against childhood obesity. that report ahead as well when harris faulkner and i see you at the top of the hour. "happening now." gregg: you're full of good news. jon: trying to be, you know. gregg: one good news story after another, jon scott. jon: you got people digging out of a blizzard today, you've got a fiscal cliff coming. we've
president obama praised her for her work. in enacting those reforms. she reportedly has not accepted any other job at this time and she was in a bit of trouble for some of her email accounts recently. and some of her other remarks as well. let's go to jon scott, what is happening now, jon johnsto. jon: the president and lawmakers are supposed to be getting back to work in washington today. house speaker john boehner says the onus to avoid the fiscal cliff is now on the senate. this is a new...
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Dec 19, 2012
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all those numbers pale in comparison to president obama, more than all the president's combined. >> a pretty picture, not so much. bill: some of these warnings now the national debt is nearing dangerous levels. steven moore is here with the "wall street journal." what does it mean that the warnings are there, steve. >> the amazing thing about this debt. i was thinking when i first came to washington which was in the early 1980s, the debt level was about $2.5 trillion. now we are at 16.2 trillion. by the way every president goods back to dwight eisenhower has promised that they will balance the budget and the debt keeps getting bigger and bigger. the real tragedy is that over the last five years the debt has increased by almost $6 trillion. that is more money than was borrowed from 1776 through the year 1976. bill: that's ridiculous. >> it is a tragic situation. bill: what is the danger in this economically speaking for us. >> the danger is two fold. one is if you look at the budget right now and we continue on this pace of borrowing we are expected to do, trillion dollar deficits for
all those numbers pale in comparison to president obama, more than all the president's combined. >> a pretty picture, not so much. bill: some of these warnings now the national debt is nearing dangerous levels. steven moore is here with the "wall street journal." what does it mean that the warnings are there, steve. >> the amazing thing about this debt. i was thinking when i first came to washington which was in the early 1980s, the debt level was about $2.5 trillion. now...
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president obama is though meeting with congressional leaders at the white house today. it's a move that tennessee senator bob corker says feels more like optics than anything else. while several other critics claim lawmakers may actually want to go off the fiscal cliff. and in fact some have said the president wants to go off the fiscal cliff. so, can a deal be reached? juan williams is a fox news political analyst. he joins us live. mary katharine ham, editor-at-large at hotair.com and is a fox news contributor. juan, what do you think about that notion? barrasso was the first one to say it on "fox news sunday" and you were there but others have said it since that the president really does want to go over the cliff so that he can reap the benefits of all of the tax revenues that would be had by everybody's taxes going up? >> i think that is historical revisionism of a very current type. he is already trying to spin this because i think it is clear from the polls that most americans want a deal. they want a compromise. at the moment are blaming republicans and so i thin
president obama is though meeting with congressional leaders at the white house today. it's a move that tennessee senator bob corker says feels more like optics than anything else. while several other critics claim lawmakers may actually want to go off the fiscal cliff. and in fact some have said the president wants to go off the fiscal cliff. so, can a deal be reached? juan williams is a fox news political analyst. he joins us live. mary katharine ham, editor-at-large at hotair.com and is a...
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Dec 21, 2012
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we are waiting to hear from president obama as the nation remembers senator daniel inouye. bill: a major showdown happening in washington right now that will affect every single american in this country. two republican congressmen are live in a moment to tell us what is next. >> i don't want taxes to go up. republicans don't want taxes to go up. but we only run the house. the democrats continue to run washington. what the president has proposed so far simply won't do anything to solve our spending problem. .s customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? bill: just an alert now on the bitter showdown over the fiscal crisis the clock particularring down to spending cuts and tax hikes for every
we are waiting to hear from president obama as the nation remembers senator daniel inouye. bill: a major showdown happening in washington right now that will affect every single american in this country. two republican congressmen are live in a moment to tell us what is next. >> i don't want taxes to go up. republicans don't want taxes to go up. but we only run the house. the democrats continue to run washington. what the president has proposed so far simply won't do anything to solve our...
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Dec 26, 2012
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gregg: president obama is deciding to cut his vacation short. he is heading back from hawaii to washington tonight to work on a deal to avoid the fiscal cliff. with only days left before the automatic tax hikes and spending cuts kick in, is a compromise even possible? stephen hayes joins us. senior writer, "the weekly standard." is it possible? >> hey, gregg. yeah, look, i think it's possible. i thought all along for more than a month we were likely to see some last minute, slap dash kind of unsatisfying deal thrown to won't actually do anything to solve the long-term problems but get politicians out of the bind. gregg: like what? >> like something that extends the bush tax rates for those making $250,000 in the last, maybe amt patch, but won't deal with entitlement spending won't deal with long term issues we have to deal with as a country if we're actually serious about changing the trajectory of our debt. gregg: i'll sure you saw john barosso who said the president is eager to go over the cliff. he wants to go over the cliff. what do you thin
gregg: president obama is deciding to cut his vacation short. he is heading back from hawaii to washington tonight to work on a deal to avoid the fiscal cliff. with only days left before the automatic tax hikes and spending cuts kick in, is a compromise even possible? stephen hayes joins us. senior writer, "the weekly standard." is it possible? >> hey, gregg. yeah, look, i think it's possible. i thought all along for more than a month we were likely to see some last minute, slap...
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Dec 31, 2012
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president obama taking his case to the american public. here is what he had to say about the situation playing out on capitol hill. >> what's been holding us back is the dysfunction here in washington and if, you know, people start to see that on january 1st this problem still hasn't been solved, that we haven't seen the deficit reduction we could have had, the republicans been willing to take the deal i gave them, if they say, that people's taxes have gone up, which means consumer spending is going to be depressed, obviously that will adverse reaction in the markets. heather: there is lot at stake for all americans. three big issues on the financial front this morning as a matter of fact,. stu varney, host of "varney & company" on the fox business network joins us now. stu, no deal on capitol hill, not really doing their job but we're hearing they get a pay raise. >> that incredible to some people, but nonetheless before this past weekend, president obama quietly signed a executive order that gives a small pay raise to two million federal
president obama taking his case to the american public. here is what he had to say about the situation playing out on capitol hill. >> what's been holding us back is the dysfunction here in washington and if, you know, people start to see that on january 1st this problem still hasn't been solved, that we haven't seen the deficit reduction we could have had, the republicans been willing to take the deal i gave them, if they say, that people's taxes have gone up, which means consumer...
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Dec 13, 2012
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for four years, president obama has been spending a lot of money. we've still got an economy growing at best, 2 1/2% in the third quarter. it may be lower than that in the fourth quarter of this year. bill: that is only error in the quiver. we can print money. >> ben bernanke tried everything. now into his fourth round essentially of money printing. this time buying 40 billion in mortgages. 45 million in treasury securities. he will go into a fifth year of money printing. bill: one more point. this move was designed to help the banks anyway, right? feds are buying bad mortgages we're ultimately paying for that. >> 40 billion of this money printing going into the mortgage market. bill: that would help the housing market? >> it is intention, to keep the flenl link housing recovery going by keeping mortgage rates way, way down. bill: i hope you're right. stuart varney, see you at 9:20 on fbn. good deal. over the last four years the federal reserve pumped money into the economy three times. this last announcement marks the fourth round for that. >> ther
for four years, president obama has been spending a lot of money. we've still got an economy growing at best, 2 1/2% in the third quarter. it may be lower than that in the fourth quarter of this year. bill: that is only error in the quiver. we can print money. >> ben bernanke tried everything. now into his fourth round essentially of money printing. this time buying 40 billion in mortgages. 45 million in treasury securities. he will go into a fifth year of money printing. bill: one more...
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Dec 18, 2012
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my first suggestion, my plan a was walk away let obama own it. as we can see he is conceding nothing. but the plan b from the start, pass your own plan, and then leave and get your guys on record, your guys and gals in the house gop conference on record with something they can take back to their district. a lot of these members, bill, are petrified to vote for increased taxes because think about it. they have to run for re-election in two years. they're fearing the primaries from people on the right. so pass your own bill and let harry reid have the guts to bring it to the floor. i doubt he will. bill: where are you on this today, bob? >> first of all i think republicans would pay a price for not going along with this. the idea of a million, millionaire tax basically what we're talking about here is something i can not imagine there are too many millionaires in most of these districts. from a political standpoint have everybody get a tax on 1st of january they would blame the republicans no question about it. press would. i would. most of democra
my first suggestion, my plan a was walk away let obama own it. as we can see he is conceding nothing. but the plan b from the start, pass your own plan, and then leave and get your guys on record, your guys and gals in the house gop conference on record with something they can take back to their district. a lot of these members, bill, are petrified to vote for increased taxes because think about it. they have to run for re-election in two years. they're fearing the primaries from people on the...
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the president has sort of struck a deal with president morsi, president obama, and you know, thought that president morsi played a constructive role with the flare-up in the middle east within the past month. he has been reluctant, the united states has sort of a lightfoot print, leading from behind if you will with respect to the way that president morsi has taken on his opposition here. in my view, the united states has a role to be playing standing out, speaking to the protesters, speaking to the opposition. meeting with them behind the scenes which i understand has been very difficult for egyptian opposition parties to get access to our ambassador, senior leaders from the obama administration. bill: if you read the "time" magazine article that has morsi on the cover this week -- >> right. bill: it says morsi is heartened by the show of protests because this means cord -- according to his people that democracy is working. democracy is defined a lot of different ways around the world as we found out the past decade. he said this. egyptians will pass through this. we are learning he
the president has sort of struck a deal with president morsi, president obama, and you know, thought that president morsi played a constructive role with the flare-up in the middle east within the past month. he has been reluctant, the united states has sort of a lightfoot print, leading from behind if you will with respect to the way that president morsi has taken on his opposition here. in my view, the united states has a role to be playing standing out, speaking to the protesters, speaking...
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Dec 14, 2012
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she was a clinton person and went with obama early in 2006 and 2007. there is a lot of loyalty there and the president could count on her. bill: within a week, you were five days when you saw susan rice in the following image. five different sunday talk shows on every network on that sunday. now here is part of the interview on "fox news sunday" wherechris wallace started all of this too, listen. >> what happened initially it was a spontaneous reaction to what had just transpired in cairo. as a consequence of the video. people gathered outside the embassy and then it grew very violent. bill: as a consequence of the video. do we get to the bottom of benghazi now? >> well, republicans are certainly going to keep trying. hillary clinton who had a much bigger role in all this, will testify before the house and the senate soon but i tell you they're very frustrated. representative jason chaffetz who is helping lead this investigation in the house, wants to talk to a lot of people who were survivors of this attack. it is not just that ambassador stevens and
she was a clinton person and went with obama early in 2006 and 2007. there is a lot of loyalty there and the president could count on her. bill: within a week, you were five days when you saw susan rice in the following image. five different sunday talk shows on every network on that sunday. now here is part of the interview on "fox news sunday" wherechris wallace started all of this too, listen. >> what happened initially it was a spontaneous reaction to what had just...
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Dec 6, 2012
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bill: you mentioned the obama administration. how are they reacting? was is our response? >> our response tends to look first to the yate united nation. there is talk of proportional sanctions being considered at the security council should north korea test. but it's clear that is not going to change the trajectory of north korea's per suit of a nuclear program. bill: steven yates, thank you. we are watching this, sometime we believe in the coming days to 10 days. here's martha. martha: $120 million to develop the next electric car battery. it's not an independent venture. you are paying for it. the u.s. taxpayer. we'll tell you about the government's latest gamble with your money. bill: one man' home survived superstorm sandy. but it did not make it through the recovery. >> the township didn't know what happened. i called the governor' office and she said to me, are you sure your house is gone? i said, miss, you miss place a pen or pencil, you don't miss place a house. ♪ i wish my patits could see what i see. ♪ that over time, having high cholesterol and any of thesri
bill: you mentioned the obama administration. how are they reacting? was is our response? >> our response tends to look first to the yate united nation. there is talk of proportional sanctions being considered at the security council should north korea test. but it's clear that is not going to change the trajectory of north korea's per suit of a nuclear program. bill: steven yates, thank you. we are watching this, sometime we believe in the coming days to 10 days. here's martha. martha:...
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now the obama administration says that the fee will only be temporary. that it will phase out in 2017 because of all savings will be enjoyed by the health care plan overall. unless of course congress decides to extend it which they usually do, right? matt mccall joins me, president of the penn financial group. 63 bucks a head. that is not pocket change. >> no it's not. a lot of people say, what is $63. i spend that on dinner or a christmas present. what they don't realize multiply that by everybody out there that becomes a very, very large number. martha: right. >> as you mentioned a moment ago everybody has to pay for something. this will get passed down to employers which then will most likely pass it down to employees. most employers are trying to cut margins as much as possible to try to make them. when it comes to end of the day, you know what, this is part of obamacare. nothing i can do about it. it will be passed on to you. that will probably hurt wages of you and i. $63 will probably not change anybody's life. but when that is multiplied in econo
now the obama administration says that the fee will only be temporary. that it will phase out in 2017 because of all savings will be enjoyed by the health care plan overall. unless of course congress decides to extend it which they usually do, right? matt mccall joins me, president of the penn financial group. 63 bucks a head. that is not pocket change. >> no it's not. a lot of people say, what is $63. i spend that on dinner or a christmas present. what they don't realize multiply that by...